To boost its growth and consolidate its position as a benchmark player on the European real estate market, BNP Paribas Real Estate has appointed three new members to its executive board, two of which are based in the UK.

Accimmo Pierre, an SCPI managed by BNP Paribas REIM France, acquired the buildings Palatin II and III in La Défense - a major business district in the outskirts of Paris - from Commerz Real. Both office buildings develop over 23,000 sqm across 7 floors and are currently being renovated for delivery in Q3 2018.

To boost its growth and consolidate its position as a benchmark player on the European real estate market, BNP Paribas Real Estate has appointed three new members to its executive board, two of which are based in the UK.

BNP Paribas Real Estate Research said that European growth will strengthen over the next years, driven by a considerably improved domestic demand. This development is to the great benefit of the occupational markets that have lagged in Europe as well as supporting those that are already healthy.